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the political risks that come with it. the "no new taxes" pledge is the brainchild of grover norquist, president of americans for tax reform. >> what the pledge does, of course, allows elected officials to make it clear openly to the american voters where they stand. >> reporter: norquist may not be a household name outside the belt kwai, but here in washington he carries significant weight as evidenced by the hundreds of republican lawmakers who have signed his pledge over the years. even as top republicans signal they are willing to compromise there is still a catch. the white house indicated everything is part of the discussion. >> all three legs of this will have to be part of it. >> reporter: president obama has tapped treasury secretary tim geithner to lead negotiations on these fiscal cliff talks. rob and paula, back to you. >> both sides are going to have to give a little. both sides. should be interesting. the president now trying to make a public push. he's meeting with business leaders to try to sell this plan. the white house warning closer and closer, the average family will pay $2,
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